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Whack Job Leftist Idea-Negative Interest Rates Kill Deutsche Bank

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TC Shuts Up
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Whack Job Leftist Idea-Negative Interest Rates Kill Deutsche Bank

Post by TC Shuts Up » Mon Jul 29, 2019 12:38 pm

Wouldn't you know it. Negative interest rates do not attract depositors. It gets to the point where it is better to put your money in a mattress. Just like people with high level education and training, like Doctors, won't work for nothing, while paying off student debt and paying astronomical professional liability premiums. While people with little education or training want $15-$20 dollars per hour. Watch all the fast food joints going out of business already. Or going to kiosks. Shopping Centers are disappearing, replaced by Amazon, because they don't respond to what people want and don't stock it. Or have sales staff to help customers find what they do have.

https://www.cnn.com/2019/07/29/business ... index.html


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Turkeytop
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Re: Whack Job Leftist Idea-Negative Interest Rates Kill Deutsche Bank

Post by Turkeytop » Mon Jul 29, 2019 1:12 pm

So, how is this a leftist idea? I'm a leftist, a socialist and I've never in my life advocated for negative or any other level of interest rates. I don't give a damn what the corrupt banksters do. It's no concern of mine. If negative interest rates kill them, it wont cause me to lose any sleep.

BTW, Deutsche Bank is the only Bank in the world that will extend credit to your President for his corrupt enterprises. Maybe it's their loose lending practices that are killing them.



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TC Talks
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Re: Whack Job Leftist Idea-Negative Interest Rates Kill Deutsche Bank

Post by TC Talks » Mon Jul 29, 2019 5:02 pm

Deutsche Bank has been caught laundering money for Russian mobs and drug cartels worth more than most countries. You thing negative interest is the top of the list of their concerns?


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